Saban, Haim - from Egypt | Israel | United States
Country of meeting: in the year 2007
A worldwide pioneer and leader in the entertainment industry, is the Chairman and Chief Executive Officer of Saban Capital Group, LLC (“SCG”). A native of Alexandria, Egypt, Mr. Saban immigrated to Israel at the age of 12 where he attended agricultural school and served in the Israeli Defense Force. While in Israel, he built the country’s premier tour promotion business. In 1975, he relocated to France and established an independent record company that soon catapulted to the top of the European labels industry, selling more than 18 million records over a period of eight years.
Mr. Saban moved to Los Angeles in 1983, where he launched a chain of recording studios that rapidly became the top supplier of music for television.
In 2003, SCG led a group of investors that acquired a controlling stake in ProSiebenSat.1 Media, Germany’s largest broadcasting group. Mr. Saban served as ProSiebenSat.1’s Chairman of the Supervisory Board. SCG sold the group’s controlling stake in the company in 2007 to private equity firms KKR and Permira.
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